Multi Family homes for sale & real estate in 61101, IL

Multi Family Home for sale in 61101, IL:

Very desired cash flowing side by side Duplex in desireable neighborhood. New mechanicals, central air, furnaces, water heater (approximately 4 years old). Both bathrooms updated, new kitchen countertops. Both units have private basements with laundry. Painted and carpeted 3-4 years ago. Shared driveway. One unit is month to month and the other is on a lease until April of 2027. Great for an investor or live in owner.

Multi Family Home for sale in 61101, IL:

Investment opportunity in a prime Rockford location! This four-unit brick building offers a strong combination of existing rental income, recent interior improvements, and off-street parking. Three of the four units are currently rented, providing immediate income, while the vacant model unit offers flexibility for a new tenant or owner. Each unit offers 3 bedrooms and 1 full bath. Recent improvements throughout all four units include fresh paint, quartz countertops, and refinished hardware. The model unit showcases the building's classic character with refinished hardwood flooring, crown molding, large windows, and an arched opening between the main living spaces, along with an updated kit

Multi Family Home for sale in 61101, IL:

Excellent investment opportunity in Rockford! This fully occupied 8-unit multifamily property features eight 1-bedroom, 1-bathroom apartments, offering immediate rental income and potential for future growth. The property generates $60,900 in annual GOI with a reported NOI of $41,745, representing a 9.82 cap rate at the asking price of $425,000. Featuring an attractive brick exterior and a convenient location 3 minutes from downtown Rockford, this property presents a great opportunity for investors looking to expand their portfolio with an established income-producing asset.

Multi Family Home for sale in 61101, IL:

One property, two units, and great potential. Whether you’re looking to grow your investment portfolio or explore the possibility of living in one unit while renting out the other, this property offers flexibility and potential. Each unit features one bedroom, one full bathroom, a formal dining room, and a separate living room. The property also includes a spacious 24’ x 24’ two-car garage, providing additional parking and storage space. Ready for some updates and a fresh vision, this property presents an opportunity to add value and make the most of its possibilities.

Multi Family Home for sale in 61101, IL:

You are not going to want to miss out on your next opportunity with this one. Looking for a high-end rental to add to your portfolio? Turn one or both units into a short- to mid-term furnished rental? Owner-occupy or set up for multigenerational living? The possibilities are truly endless in this thoughtfully and meticulously restored historic duplex in the sought-after Brown Hills neighborhood. Each unit features three bedrooms, one full bathroom, and spacious living and dining rooms. Hardwood floors, crown molding, and arched doorways showcase the historic character throughout. Nearly every square inch has been retouched, replaced, or restored, providing needed updates while maintaining t

Multi Family Home for sale in 61101, IL:

Well maintained side-by-side brick duplex located in the desirable Churchill Grove Neighborhood. Walking distance to the Rock River and just a minute's drive away from downtown, banks/shopping, restaurants. There is also a playground directly across the street. This colonial style building offers 2 bedrooms and 1 bathroom in each unit (currently month-to-month tenants paying $900 each). The primary bedrooms are huge with plenty of natural light shining in and nice-sized walk-in closets. The first floor features a living room, dining room and kitchen with lots of cabinet space. Both sides have their own basement space with additional storage. This building is a good fit for an investor looki